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Canacol Energy Ltd (Alberta)
Suite 2000, 215-Calgary9 Ave, SW
Phone: (403) 561-1648p:403 561-1648 CALGARY, AB  T2P 1K3  Canada Ticker: CNECNE
Business Summary
Canacol Energy Ltd. is a natural gas exploration and production company producing approximately 17% of the country’s domestic natural gas supply. The Company and its subsidiaries are primarily engaged in natural gas exploration and development activities in Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5, VIM-21 and VIM-33 blocks located in the Lower Magdalena Valley basin in Colombia. Its production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). Its gas fields are produced from the Cienaga de Oro and Porquero reservoirs that are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. It has three gas processing and treatment facilities. It operates over 1.9 million net acres in 10 exploration and production gas contracts in Colombia, located in the Lower & Middle Magdalena Basins.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-YesYes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202512/31/2024Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Michael J.Hibberd 69 1/1/2021 10/30/2008
President, Chief Executive Officer, Director CharleGamba 60 10/30/2008 10/30/2008
Chief Financial Officer JasonBednar 4/29/2016 10/30/2008
9 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Shona Energy Company, Inc. 675 Bering Street Drive Houston TX United States

Business Names
Business Name
3B6A
BrazAlta Brasil Norte Commercializacao de Pertoleo Ltda.
Brazalta Resources Corp.
11 additional Business Names available in full report.

General Information
Number of Employees: 423 (As of 12/31/2024)
Outstanding Shares: 34,120,000 (As of 6/30/2025)
Stock Exchange: TSE


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Friday, August 22, 2025